Ashburn, GA · Cert 33073
FDIC
Q3 2006
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2006, the quarter ended September 30, 2006, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Ashburn, GA · Cert 33073
FDIC
Q3 2006
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q4 2004 | Q1 2005 | Q2 2005 | Q3 2005 | Q4 2005 | Q1 2006 | Q2 2006 | Q3 2006 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.07% | 0.88% | 0.93% | 1.05% | 1.20% | 1.59% | 0.29% | 0.74% | -31 bps | |
| Return on Equity | 0.68% | 7.90% | 8.14% | 9.02% | 10.13% | 11.64% | 1.94% | 4.71% | -430 bps | |
| Net Interest Margin | 4.47% | 4.59% | 4.84% | 4.92% | 5.04% | 5.09% | 0.84% | 2.22% | -270 bps | |
| Efficiency Ratio | 59.40% | 57.24% | 56.53% | 55.77% | 56.14% | 55.81% | 50.97% | 52.09% | -368 bps | |
| Non-Interest Burden | 2.38% | 2.23% | 2.31% | 2.34% | 2.44% | 2.46% | 0.36% | 0.98% | -136 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -8.90% | -5.78% | -2.32% | -6.45% | -9.13% | -10.15% | 8.74% | 1.33% | +778 bps | |
| Loan Growth (YoY) | -7.43% | -6.47% | -6.01% | -7.75% | -10.91% | -8.78% | -5.82% | -5.83% | +193 bps | |
| Deposit Growth (YoY) | -9.70% | -6.62% | -4.02% | -6.29% | -11.61% | -13.25% | -15.37% | -8.17% | -188 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 2.75% | 2.57% | 1.53% | 1.31% | 1.19% | 0.24% | -0.01% | 0.04% | -127 bps | |
| Allowance / Loans | 1.85% | 1.64% | 1.71% | 1.75% | 2.10% | 2.07% | 1.99% | 2.07% | +33 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 15.06% | 15.31% | 15.59% | 16.25% | 18.37% | 18.69% | 14.05% | 15.15% | -110 bps | |
| Equity / Assets | 10.94% | 11.42% | 11.75% | 12.32% | 13.17% | 14.14% | 16.50% | 18.54% | +622 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 91.03% | 94.18% | 96.36% | 97.47% | 91.75% | 99.03% | 107.23% | 99.95% | +249 bps | |
| Liquid Assets / Assets | 0.14% | 0.17% | 0.17% | 0.18% | 0.19% | 0.21% | 0.19% | 0.22% | +4 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |